810 11Th St St. Petersburg, FL 33705
- Commercial real estate
- 8,275 SF
Current Use by Public Records
- Commercial real estate
Property Details for 810 11Th St
- Year built
- 1920
- Property size
- 8,275 SF
- Property type
- Commercial real estate
- APN
- 13-31-16-72504-002-0050
Description
This exceptional multifamily investment opportunity presents a 14-unit apartment complex located at 810 11th St N, St. Petersburg, FL 33705, in the desirable Historic Uptown neighborhood. The property consists of six buildings, totaling 8,275 square feet across three separate parcels, and features a mix of studio, one-bedroom, and two-bedroom units. The unit breakdown includes four studios, seven one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, and one two-bedroom/two-bathroom unit. Built between 1920 and 1935, this Class A property boasts 100% occupancy, generating a pro-forma net operating income (NOI) of $169,780. The asking price is $2,285,000, translating to $163,214 per unit and $276.13 per square foot. Amenities include a complex pool, on-site parking, and laundry facilities. This fee-simple ownership offers significant potential for value appreciation and increased rental income, making it an attractive investment in a thriving community with a rich history. The property is eligible for residential financing. This is a rare chance to acquire a well-maintained, income-producing asset in a highly sought-after location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.64977349133
- Latitude
- 27.780634150347
